Australia's Emeco jumps most in over 5 years on interest from potential buyers

Emeco Holdings

15/09/2025 02:22

** Shares of Emeco Holdings EHL.AX rise as much as 11.1% to A$1.20, their biggest intraday pct gain since June 9, 2020

** Stock hits its highest level since August 20, 2021

** The mining services provider confirms it received unsolicited interest from multiple potential bidders and held discussions regarding a potential control proposal

** Co says, however, no proposal warrants progression to a binding offer

** About 1.6 million shares change hands, 2x times the 30-day avg

** Stock is up 26.2% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))